Citigroup stock climbs after posting Q4 earnings beat; announces $20B stock buyback
Citigroup (NYSE:C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 results and approved a $20B stock buyback program. Furthermore, the company expects its net interest income to rise in 2025.
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News
Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback program. Here's why that's important.
Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back
Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income beating estimates. Citi will also buy back $20 billion in stock. The bank reported earnings of $1.
Citi Swings to a Profit and Announces $20B Stock Buyback
Citigroup (C) reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday. Citi's net income for the fourth quarter was $2.86 billion, up from a loss of $1.
Citigroup is slated to report fourth quarter earnings before the bell
Growth in investment banking and equity markets revenue helped drive a better-than-expected report for Citi in the third quarter, and those could be sources of strength again in the fourth quarter. Citi's stock was a strong performer in 2024,
Citigroup beats Q4 profit, revenue, announces $20 bln share buyback
Citigroup on Wednesday reported stronger-than-expected fourth-quarter profit and revenue, while authorizing a $20 billion share buyback program, sending its shares by more than 2% before the bell. The bank posted a net income of $2.
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Citigroup Aims to Scale Up Wealth Unit
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Trading Activity Surged at Wall Street Banks
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Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs, Citigroup set to report
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Citigroup: Moving To The Sidelines Ahead Of Q4 Earnings (Ratings Downgrade)
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
Bank Earnings: Wells Fargo, JPMorgan Chase, and More Report Results
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...
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Citi beats earnings expectations, cuts profitability target
The megabank reported achievements in several areas, but lowered its 2026 expectations for a profitability metric that ...
Citi Swings to a Profit
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell, beating estimates on ...